Amazon to buy Globalstar to bolster Leo satellite business
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Source: CNBC
Published: 2026-04-14 22:19 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Financial Markets, Space, Business & Economy
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Snippet:
Amazon said Tuesday it would acquire Globalstar for $90 a share, giving its nascent satellite internet business a boost as it vies to compete with Elon Musk's SpaceX.
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